Durable Medical Equipment Rental Market Report and Forecast 2025-2034
Description
The global durable medical equipment rental market size was valued at USD 35.70 Billion in 2024, driven by the increasing awareness about such services among people across the globe. The market size is anticipated to grow at a CAGR of 5.20% during the forecast period of 2025-2034 to achieve a value of USD 59.27 Billion by 2034.
Durable Medical Equipment Rental: Introduction
Durable medical equipment rental (DME) is used to cure individuals with various medical conditions. It helps a patient perform daily tasks such as wheelchairs, walkers, neck braces, post-surgery protective eyewear, power scooters, and a host of other things. Continuous positive airway pressure (CPAP) machines that help patients in breathing with ease also belong to the category. DMEs are reusable and are suitable for use at home too. These durable medical equipment rentals are services that provide medical equipment to healthcare facilities, organizations, and individuals only on a rental basis or lease-based agreement. The fulfillment of short-term/long-term needs or requirements of individuals or healthcare facilities is the key purpose of such services.
Global Durable Medical Equipment Rental Market Analysis
The market growth is driven by the rising awareness of rental services that help the consumer save a good amount of money on a piece of medical equipment that is required only for a short time span or temporary basis. Companies that manufacture medical equipment are also showing interest in providing such services to healthcare facilities and individuals along with manufacturing.
The expansion of such services by reliable and established names in the market is a major factor driving the global durable medical equipment rental market demand. For example, NanoVibronix, Inc., a medical device company that utilizes their proprietary and patented low-intensity surface acoustic wave (SAW) technology to develop medical devices, officially launched a monthly rental program for its lead products, PainShield and UroShield in May 2023.
This service would be available to patients with a valid prescription on a monthly basis for at-home usage. The company has claimed this service to be affordable for healthcare facilities as well as individuals which will directly contribute to the increased demand for durable medical equipment rental services in the market, bolstering the market growth.
Global Durable Medical Equipment Rental Market Segmentations
Durable Medical Equipment Rental Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Duration
The growth of the market is driven by the increased preference for home care by individuals. The growing awareness about the availability of such a rental market is a major factor contributing to the market growth. Such services provide the convenience for the customers to rent the medical equipment they need rather than having to buy it, which may involve a huge sum of money as medical equipment is expensive and required for a short period of time.
The durable medical equipment rental market growth is driven by the convenience provided by this service because buying the equipment might not be affordable and convenient for everyone. These services are equally opted by hospital facilities to stay updated with technological advancements taking place in the medical field, contributing to the rising market demand.
Durable Medical Equipment Rental Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
*Please Note:* The report will take 5 business days to complete, after order confirmation.
Durable Medical Equipment Rental: Introduction
Durable medical equipment rental (DME) is used to cure individuals with various medical conditions. It helps a patient perform daily tasks such as wheelchairs, walkers, neck braces, post-surgery protective eyewear, power scooters, and a host of other things. Continuous positive airway pressure (CPAP) machines that help patients in breathing with ease also belong to the category. DMEs are reusable and are suitable for use at home too. These durable medical equipment rentals are services that provide medical equipment to healthcare facilities, organizations, and individuals only on a rental basis or lease-based agreement. The fulfillment of short-term/long-term needs or requirements of individuals or healthcare facilities is the key purpose of such services.
Global Durable Medical Equipment Rental Market Analysis
The market growth is driven by the rising awareness of rental services that help the consumer save a good amount of money on a piece of medical equipment that is required only for a short time span or temporary basis. Companies that manufacture medical equipment are also showing interest in providing such services to healthcare facilities and individuals along with manufacturing.
The expansion of such services by reliable and established names in the market is a major factor driving the global durable medical equipment rental market demand. For example, NanoVibronix, Inc., a medical device company that utilizes their proprietary and patented low-intensity surface acoustic wave (SAW) technology to develop medical devices, officially launched a monthly rental program for its lead products, PainShield and UroShield in May 2023.
This service would be available to patients with a valid prescription on a monthly basis for at-home usage. The company has claimed this service to be affordable for healthcare facilities as well as individuals which will directly contribute to the increased demand for durable medical equipment rental services in the market, bolstering the market growth.
Global Durable Medical Equipment Rental Market Segmentations
Durable Medical Equipment Rental Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Duration
- Acute care
- Long term care
- Emergency and Trauma care
- Personal Mobility Devices
- Bathroom Safety and Medical Furniture
- Monitoring and Therapeutic Devices
- Personal/Homecare
- Institute and Laboratories
- Hospitals
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The growth of the market is driven by the increased preference for home care by individuals. The growing awareness about the availability of such a rental market is a major factor contributing to the market growth. Such services provide the convenience for the customers to rent the medical equipment they need rather than having to buy it, which may involve a huge sum of money as medical equipment is expensive and required for a short period of time.
The durable medical equipment rental market growth is driven by the convenience provided by this service because buying the equipment might not be affordable and convenient for everyone. These services are equally opted by hospital facilities to stay updated with technological advancements taking place in the medical field, contributing to the rising market demand.
Durable Medical Equipment Rental Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Siemens Financial Services, Inc
- Woodley Equipment Group
- Nunn’s Home Medical Equipment Company Ltd.
- Med One Group
- Hill-Rom Holdings Inc.
- Westside Medical Supply
- GE Healthcare
- All American Medical Supply Corp
- Homepro Medical Supplies, LLC
- Universal Hospital Services, Inc
- Getinge AB
- Permobil AB
- Mölnlycke Health Care
- Joerns Healthcare LLC
- Stryker
*Please Note:* The report will take 5 business days to complete, after order confirmation.
Table of Contents
350 Pages
- 1 Preface
- 1.1 Objectives of the Study
- 1.2 Key Assumptions
- 1.3 Report Coverage – Key Segmentation and Scope
- 1.4 Research Methodology
- 2 Executive Summary
- 3 Global Durable Medical Equipment Rental Market Overview
- 3.1 Global Durable Medical Equipment Rental Market Historical Value (2018-2024)
- 3.2 Global Durable Medical Equipment Rental Market Forecast Value (2025-2034)
- 4 Global Durable Medical Equipment Rental Market Landscape
- 4.1 Global Durable Medical Equipment Rental Developers Landscape
- 4.1.1 Analysis by Year of Establishment
- 4.1.2 Analysis by Company Size
- 4.1.3 Analysis by Region
- 4.2 Global Durable Medical Equipment Rental Product Landscape
- 4.2.1 Analysis by Type
- 4.2.2 Analysis by Technology
- 4.2.3 Analysis by Application
- 5 Global Durable Medical Equipment Rental Market Dynamics
- 5.1 Market Drivers and Constraints
- 5.2 SWOT Analysis
- 5.3 Porter’s Five Forces Model
- 5.4 Key Demand Indicators
- 5.5 Key Price Indicators
- 5.6 Industry Events, Initiatives, and Trends
- 5.7 Value Chain Analysis
- 6 Global Durable Medical Equipment Rental Market Segmentation
- 6.1 Global Durable Medical Equipment Rental Market by Duration
- 6.1.1 Market Overview
- 6.1.2 Acute Care
- 6.1.3 Long Term Care
- 6.1.4 Emergency and Trauma care
- 6.2 Global Durable Medical Equipment Rental Market by Application
- 6.2.1 Market Overview
- 6.2.2 Personal Mobility Devices
- 6.2.3 Bathroom Safety and Medical Furniture
- 6.2.4 Monitoring and Therapeutic Devices
- 6.3 Global Durable Medical Equipment Rental Market by End User
- 6.3.1 Market Overview
- 6.3.2 Personal/Homecare
- 6.3.3 Institute and Laboratories
- 6.3.4 Hospitals
- 6.3.5 Others
- 6.4 Global Durable Medical Equipment Rental Market by Region
- 6.4.1 Market Overview
- 6.4.2 North America
- 6.4.3 Europe
- 6.4.4 Asia Pacific
- 6.4.5 Latin America
- 6.4.6 Middle East and Africa
- 7 North America Durable Medical Equipment Rental Market
- 7.1 Market Share by Country
- 7.2 United States of America
- 7.3 Canada
- 8 Europe Durable Medical Equipment Rental Market
- 8.1 Market Share by Country
- 8.2 United Kingdom
- 8.3 Germany
- 8.4 France
- 8.5 Italy
- 8.6 Others
- 9 Asia Pacific Durable Medical Equipment Rental Market
- 9.1 Market Share by Country
- 9.2 China
- 9.3 Japan
- 9.4 India
- 9.5 ASEAN
- 9.6 Australia
- 9.7 Others
- 10 Latin America Durable Medical Equipment Rental Market
- 10.1 Market Share by Country
- 10.2 Brazil
- 10.3 Argentina
- 10.4 Mexico
- 10.5 Others
- 11 Middle East and Africa Durable Medical Equipment Rental Market
- 11.1 Market Share by Country
- 11.2 Saudi Arabia
- 11.3 United Arab Emirates
- 11.4 Nigeria
- 11.5 South Africa
- 11.6 Others
- 12 Patent Analysis
- 12.1 Analysis by Type of Patent
- 12.2 Analysis by Publication year
- 12.3 Analysis by Issuing Authority
- 12.4 Analysis by Patent Age
- 12.5 Analysis by CPC Analysis
- 12.6 Analysis by Patent Valuation
- 12.7 Analysis by Key Players
- 13 Grants Analysis
- 13.1 Analysis by year
- 13.2 Analysis by Amount Awarded
- 13.3 Analysis by Issuing Authority
- 13.4 Analysis by Grant Application
- 13.5 Analysis by Funding Institute
- 13.6 Analysis by NIH Departments
- 13.7 Analysis by Recipient Organization
- 14 Partnership and Collaborations Analysis
- 14.1 Analysis by Partnership Instances
- 14.2 Analysis by Type of Partnership
- 14.3 Analysis by Leading Players
- 14.4 Analysis by Geography
- 15 Regulatory Framework
- 15.1 Regulatory Overview
- 15.1.1 US FDA
- 15.1.2 EU EMA
- 15.1.3 INDIA CDSCO
- 15.1.4 JAPAN PMDA
- 15.1.5 Others
- 16 Supplier Landscape
- 16.1 Siemens Financial Services, Inc
- 16.1.1 Financial Analysis
- 16.1.2 Product Portfolio
- 16.1.3 Demographic Reach and Achievements
- 16.1.4 Mergers and Acquisitions
- 16.1.5 Certifications
- 16.2 Woodley Equipment Group
- 16.2.1 Financial Analysis
- 16.2.2 Product Portfolio
- 16.2.3 Demographic Reach and Achievements
- 16.2.4 Mergers and Acquisitions
- 16.2.5 Certifications
- 16.3 Nunn’s Home Medical Equipment Company Ltd.
- 16.3.1 Financial Analysis
- 16.3.2 Product Portfolio
- 16.3.3 Demographic Reach and Achievements
- 16.3.4 Mergers and Acquisitions
- 16.3.5 Certifications
- 16.4 Med One Group
- 16.4.1 Financial Analysis
- 16.4.2 Financial Portfolio
- 16.4.3 Demographic Reach and Achievements
- 16.4.4 Mergers and Acquisitions
- 16.4.5 Certifications
- 16.5 Hill-Rom Holdings Inc.
- 16.5.1 Financial Analysis
- 16.5.2 Product Portfolio
- 16.5.3 Demographic Reach and Achievements
- 16.5.4 Mergers and Acquisitions
- 16.5.5 Certifications
- 16.6 Westside Medical Supply
- 16.6.1 Financial Analysis
- 16.6.2 Product Portfolio
- 16.6.3 Demographic Reach and Achievements
- 16.6.4 Mergers and Acquisitions
- 16.6.5 Certifications
- 16.7 GE Healthcare
- 16.7.1 Financial Analysis
- 16.7.2 Product Portfolio
- 16.7.3 Demographic Reach and Achievements
- 16.7.4 Mergers and Acquisitions
- 16.7.5 Certifications
- 16.8 All American Medical Supply Corp
- 16.8.1 Financial Analysis
- 16.8.2 Product Portfolio
- 16.8.3 Demographic Reach and Achievements
- 16.8.4 Mergers and Acquisitions
- 16.8.5 Certifications
- 16.9 Homepro Medical Supplies, LLC
- 16.9.1 Financial Analysis
- 16.9.2 Product Portfolio
- 16.9.3 Demographic Reach and Achievements
- 16.9.4 Mergers and Acquisitions
- 16.9.5 Certifications
- 16.10 Universal Hospital Services, Inc
- 16.10.1 Financial Analysis
- 16.10.2 Product Portfolio
- 16.10.3 Demographic Reach and Achievements
- 16.10.4 Mergers and Acquisitions
- 16.10.5 Certifications
- 16.11 Getinge AB
- 16.11.1 Financial Analysis
- 16.11.2 Product Portfolio
- 16.11.3 Demographic Reach and Achievements
- 16.11.4 Mergers and Acquisitions
- 16.11.5 Certifications
- 16.12 Permobil AB
- 16.12.1 Financial Analysis
- 16.12.2 Product Portfolio
- 16.12.3 Demographic Reach and Achievements
- 16.12.4 Mergers and Acquisitions
- 16.12.5 Certifications
- 16.13 Mölnlycke Health Care
- 16.13.1 Financial Analysis
- 16.13.2 Product Portfolio
- 16.13.3 Demographic Reach and Achievements
- 16.13.4 Mergers and Acquisitions
- 16.13.5 Certifications
- 16.14 Joerns Healthcare LLC
- 16.14.1 Financial Analysis
- 16.14.2 Product Portfolio
- 16.14.3 Demographic Reach and Achievements
- 16.14.4 Mergers and Acquisitions
- 16.14.5 Certifications
- 16.15 Stryker
- 16.15.1 Financial Analysis
- 16.15.2 Product Portfolio
- 16.15.3 Demographic Reach and Achievements
- 16.15.4 Mergers and Acquisitions
- 16.15.5 Certifications
- 17 Global Durable Medical Equipment Rental Market - Distribution Model (Additional Insight)
- 17.1 Overview
- 17.2 Potential Distributors
- 17.3 Key Parameters for Distribution Partner Assessment
- 18 Key Opinion Leaders (KOL) Insights (Additional Insight)
- 19 Company Competitiveness Analysis (Additional Insight)
- 19.1 Very Small Companies
- 19.2 Small Companies
- 19.3 Mid-Sized Companies
- 19.4 Large Companies
- 19.5 Very Large Companies
- 20 Payment Methods (Additional Insight)
- 20.1 Government Funded
- 20.2 Private Insurance
- 20.3 Out-of-Pocket
Pricing
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